Golden Valley Mines Ltd. announced the appointment of Mr. Jimmy S.H. Lee to the Company's Board of Directors, the signing of a new option agreement and acquisition of four (4) new grassroots properties located in the Abitibi Greenstone Belt northeast of Val-d'Or, Québec.
Jimmy S.H. Lee was appointed as a director of Golden Valley on March 15, 2016. Mr. Lee has served as Executive Chairman of the Board of Mercer International Inc. since July 2015, having served as a director since May 1985 and having served as President and Chief Executive Officer from 1992 until his appointment as Executive Chair in July 2015.